@Patrick O., while I do have some marks on my credit, the reason my credit is so low is because I have less than five accounts open, and my credit history is less than four months old.

As you know, I have my license here, so here's my opinion specifically for our state and our area.Getting your licence is easy and cheap across the board, it's everything else that's expensive - MLS access, membership dues, electronic key fees, E&O insurance, etc. will generally cost you a few thousand each year.As far as brokers go, this is a tough one.

You can't just build contracts and use them without doing that as it constitutes practicing law w/o a license.

Melvin List o ok thank you

I love connecting with likeminded people and expending my contact base.I'm very fascinated with the returns some of you guys see over there in the US, and the rather free markets you seem to have.Anyway, thanks for your input, it's been good o share thoughts.Keep in touch kind regardsLeo

Actually at just over 50% LTV credit doesn't really matter that much either.If you assume a 12% rate on 80k, it would be $800/month I/O payments and you are left with $836.50 after HOA, a 5% vacancy, and taxes.

I use Pearl Insurance for E&O.  

I just want to automate landlording as much as possible w/o me doing work.And good points about colors/trim/etc.

I'm buying a house from a fellow who did not list the property, so there is no realtor to guide us through the sale. Neither of us have experience in this arena. I'm paying cash, so there's no bank business. What do w...

Upon speaking with our favorite mortgage broker he informed us that it's a Fannie/Freddie rule that N/O/O multi-families require a 30% down or a 70% LTV.Here are a few questions:1) Has anyone else heard of this Fannie/Freddie rule of 70% LTV?